BPS: Jayapura City is in Inflation, Merauke is in Deflation

Papua Province Central Bureau of Statistics (BPS) noted that in May 2019, two cities representing the city of inflation in Papua, namely Jayapura City, experienced inflation of 1.13 percent.

This condition is different from the previous month’s deflation of 0.26 percent.

The head of the Papua Province BPS, Simon Sapari, said that the trigger factor for inflation was an increase in prices with the amount of each airline ticket or air transportation’s share of 0.650 percent.

In addition to airplane ticket prices, the price of garlic and shallots is also a trigger for inflation in Papua.

“The price of garlic and shallots rose 0.2808 percent and 0.1071 percent respectively,” Simon explained, at the Papua Province BPS Office on Tuesday (06/11/2019).

Furthermore, the development of current year inflation in May 2019 reached 1.36 percent. This achievement was lower and controlled compared to May 2018 of 2.78 percent.

In addition, year on year inflation in May 2019 was 5.23 percent and was relatively higher compared to May 2018 of 4.36 percent.

“As for Merauke, the current year inflation in May 2019 reached 1.12 percent. This achievement is far lower than in May 2018 of 4.04 percent. Year-on-year inflation in May 2019 is 0.19 percent and is relatively lower than the year on year in May 2018 of 2.78 percent,” he said.

Although inflation is above 1 percent based on month-on-month monitoring, his party considers that government intervention is needed relatively under control.

Meanwhile, in Merauke symptoms of deflation that is different from the pattern of inflation other cities, required further study as a pilot study of controlling inflation at the moment of the feast.

From the results of year on year inflation, especially in the city of Jayapura, it shows that the government needs to maintain future price stability with extra profit so that the achievement of inflation is within the specified target range of 3.5 plus minus 1 percent.

Unlike the case with Merauke, the achievement of year-on-year inflation, said Simon, has been relatively under control over the past 2 years.

In general, given the share of contributors to inflation and deflation in the two cities is dominated by foodstuffs, the government needs to be aware of the decline in fish production (aquaculture and capture), delay in market stock, and barriers to other goods distribution.

Source: pasificpos.com

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